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u.s., those who have been hacked by china, and those who don't know they have been hacked this happens roughly a hundred times a day, attacks coming in from china from all sorts of places mostly guangdong province, this is say military effort. charles: michelle. no react, i rarely hear anything from washington in a political realm we hear china manipulating currency but no one talked about this which seems more dangerous? >> it is a same we don't see this obama administration holding countries accountable. when we belief that this is state sponsored, we're not tracking about useless information, we're talking about our country intellectual property our secrets, you know it has a lot to do with the organization itself and the department, you see study after study show a lot of people in i-t believe that majority of people in i-t believe that cyber security improvement believes that the policy that the organization imminents this was a -- implements this is not just fault of department of en
u.s., those who have been hacked by china, and those who don't know they have been hacked this happens roughly a hundred times a day, attacks coming in from china from all sorts of places mostly guangdong province, this is say military effort. charles: michelle. no react, i rarely hear anything from washington in a political realm we hear china manipulating currency but no one talked about this which seems more dangerous? >> it is a same we don't see this obama administration holding...
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there's a lot of things in my life -- >> can you imagine u.s. marines charging on to your property and try to steal your guns? >> i hope not but an executive order. >> i spent some time with you. i hear this all the time in texas. i gave an interview to a friend of yours earlier, 30, 50 texans and that was the one thing they all seemed to agree on, that tyranny was about to come their way. >> look at all the other countries and it started where we are right now. and it's ended up with no guns. >> but do you think the american military would attack its own people? >> if they're forced to. i don't know. i hope not. i hope that would not happen. i would think at least 40% or 50% would. >> do you think that's what many texans feel about why they would need a weapon like this? >> they want it because they are law-abiding citizens and they know it's legal to purchase it now and it won't be legal later. they would rather buy it now and be legal rather than do something illegal later because these are law-abiding citizens we're talking about. >> show me
there's a lot of things in my life -- >> can you imagine u.s. marines charging on to your property and try to steal your guns? >> i hope not but an executive order. >> i spent some time with you. i hear this all the time in texas. i gave an interview to a friend of yours earlier, 30, 50 texans and that was the one thing they all seemed to agree on, that tyranny was about to come their way. >> look at all the other countries and it started where we are right now. and it's...
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Feb 5, 2013
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. >> and now to the memo that shows the u.s. government's role for when drone attacks can be launched to kill american citizens. the justice department that the government does not need evidence that a specific attack is imminent. more lenient standards then publicly known for drug -- drone attacks. here is steve kingston. and under what exact circumstances will the u.s. government authorized the killing of an american citizen abroad? but the answers are here. it is a 16-page memo written by the lawyers of the justice department, as requested by congress. it is a document that is not strictly classified, but it was not meant to become public. what these lawyers do here is justified is targeted killing of american citizens who have worked with or parts of al qaeda and expense various groups. that is the justification if they pose a an immense threat to america. it provides a very elastic definition of what is an imminent threat. you do not need to know this is a bit of who, what, where, and when of a particular plot against ameri
. >> and now to the memo that shows the u.s. government's role for when drone attacks can be launched to kill american citizens. the justice department that the government does not need evidence that a specific attack is imminent. more lenient standards then publicly known for drug -- drone attacks. here is steve kingston. and under what exact circumstances will the u.s. government authorized the killing of an american citizen abroad? but the answers are here. it is a 16-page memo written...
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the u.s. justice department plans to file charges against s&p for ratings assigned to mortgage bonds before the 2008 financial crisis. that agency - and others - slapped high ratings on mortgage securities that eventually led to financial collapse. it's the first federal action that's been taken against a ratings agency for behavior stemming from the housing crisis. s&p says "the lawsuit would be without factual or legal merit." higher prices at the gas pump trickled into consumers' spending by the most in 3 decades. gas prices are breaking records this february with an average cost of $3.50 per gallon. that as the energy information administration reports u.s. households spent an average of nearly $3,000 putting gas in their tanks in 2012, the most money since the early eighties. it's testy times in our nation's capital. president obama failed to submit a budget plan, and republican house speaker john boehner is calling him out on the missed deadline. "this was supposed to be the day he submi
the u.s. justice department plans to file charges against s&p for ratings assigned to mortgage bonds before the 2008 financial crisis. that agency - and others - slapped high ratings on mortgage securities that eventually led to financial collapse. it's the first federal action that's been taken against a ratings agency for behavior stemming from the housing crisis. s&p says "the lawsuit would be without factual or legal merit." higher prices at the gas pump trickled into...
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Feb 5, 2013
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the u.s. justice department said today that it is suing standard and poors rating service accusing it of a massive fraud when it gave high ratings to mortgage investments that later plunged in value. that helped fuel the 2008 financial meltdown. investors, including pension funds, lost billions on what s&p told them were the safest bets money could buy. anthony mason has more. >> reporter: as the housing bubble was beginning to burst in 2007, standard and poors was still giving glowing ratings to mortgage-backed securities that some of its own analysts feared would go bad. attorney general eric holder said today the nation's largest rating agency was knowingly executing a scheme to defraud investors and bump up its profits. >> put simply, this alleged conduct is egregious and it goes to the very heart of the recent financial crisis. >> reporter: the government's 124-page complaint cites internal documents, like this instant message exchange between two s&p analysts. that deal is ridiculous, th
the u.s. justice department said today that it is suing standard and poors rating service accusing it of a massive fraud when it gave high ratings to mortgage investments that later plunged in value. that helped fuel the 2008 financial meltdown. investors, including pension funds, lost billions on what s&p told them were the safest bets money could buy. anthony mason has more. >> reporter: as the housing bubble was beginning to burst in 2007, standard and poors was still giving...
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and they are less beholden to u.s. policy. i do not think there will be an incredibly friendly relationship between egypt and iran. but what we are starting to see is some relationship between the two. >> but don't they have a very different idea about the civil war in syria? gregg's they absolutely do. they do not in line see eye to eye on many issues. in the west, we call it the arab spring. the iranian leadership call that an islamic awakening. they have a very civil philosophy witches witches that would is -- which is that which is bad for the u.s. is good for the iran states. whether or not they're very friendly with iran is beside the point, because egypt is going to be less friendly with the u.s. >> a new date will finally be set on the talks with iran posing nuclear program. how will those talks turn out? respects a long distance to go before the -- >> there is a long distance to go before the two sides can meet half way. the sanctions of iran have taken a toll. i have not seen a signed so far -- the main person that s
and they are less beholden to u.s. policy. i do not think there will be an incredibly friendly relationship between egypt and iran. but what we are starting to see is some relationship between the two. >> but don't they have a very different idea about the civil war in syria? gregg's they absolutely do. they do not in line see eye to eye on many issues. in the west, we call it the arab spring. the iranian leadership call that an islamic awakening. they have a very civil philosophy witches...
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. >> rick santelli, how much of today's rally in u.s. equities is because of a rally in the euro, a strong european rally after strong data this morning? >> when i came in lately, if the nikkei is down, this means european bur european bourses are up. i see the improvement. right around 135.80 and many thought we'd slip under 135. the euro correction, i can't tell whether it's over, but many traders don't think we'll see 137.5 in a while. treasuries once again, slightly above 2%, been there, done that, but it's still important because we haven't seen a huge rally pushing yields down for 2013. nothing big with big depth. and lumber, lumber today, as you see an intraday chart, was up, i think it's 2.4% which ends up being $10, maximum allowed. here's what's fascinating. open that chart up year-to-date, haven't taken out some recent highs, but if you pull back to a chart going to '05, could you clearly see we're getting to a zone we haven't seen since april of '05, and it's a testament that we have moved past the inflexion point. we're not
. >> rick santelli, how much of today's rally in u.s. equities is because of a rally in the euro, a strong european rally after strong data this morning? >> when i came in lately, if the nikkei is down, this means european bur european bourses are up. i see the improvement. right around 135.80 and many thought we'd slip under 135. the euro correction, i can't tell whether it's over, but many traders don't think we'll see 137.5 in a while. treasuries once again, slightly above 2%,...
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during his four years as commander in chief, u.s. military and cia drone strikes have accelerated in an unprecedented pace. more than 400 cia strikes against targets in pakistan and yemen. eight times as many as under president bush. >> they have been very precise, precision strikes against al qaeda, and their affiliates. >> these strikes are legal. they are ethical. and they are wise. >> reporter: but today, new questions about drone strikes targeting american citizens, including anwar al awlaki. born in new mexico, and killed in yemen in 2011. he allegedly directed the so-called underwear bomber, who tried to blow up an airliner over detroit in 2009. but awlaki was never charged with a crime. nbc news has obtained this confidential 16-page justice department memo that concludes lethal strikes against u.s. citizens, who are operational leaders of al qaeda, are a lawful act of national self-defense. >> we only take these kinds of actions when there's an imminent threat, when capture is not feasible, and when we are confident that we'
during his four years as commander in chief, u.s. military and cia drone strikes have accelerated in an unprecedented pace. more than 400 cia strikes against targets in pakistan and yemen. eight times as many as under president bush. >> they have been very precise, precision strikes against al qaeda, and their affiliates. >> these strikes are legal. they are ethical. and they are wise. >> reporter: but today, new questions about drone strikes targeting american citizens,...
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>> well, you heard the u.s. attorney there left a little window in case something pops up that would make them reconsider. but it doesn't sound like they have any indication or any inclination to want to proceed with criminal charges against lance armstrong. they dropped the cases against him. it was about a year ago, long before lance armstrong publicly admitted to using doping drugs in his cycling career and winning seven tour de france titles. that was dropped a year ago. that investigation, brooke, lasted two years, various federal agencies looked at an array of charges at him for a very long time. there were many people who spent millions and millions of dollars looking into it. and just doesn't sound like the justice department has any stomach or any inclination to continue with that. >> also, ed, news today he doesn't have to, doesn't plan to pay back a single penny of the $12 million in bonuses he received after winning the tour de france. what more do you know about that? >> reporter: well, that's an in
>> well, you heard the u.s. attorney there left a little window in case something pops up that would make them reconsider. but it doesn't sound like they have any indication or any inclination to want to proceed with criminal charges against lance armstrong. they dropped the cases against him. it was about a year ago, long before lance armstrong publicly admitted to using doping drugs in his cycling career and winning seven tour de france titles. that was dropped a year ago. that...
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>> we are following this developing story on u.s. olympic skier lindsay vonn. she was airlifted to a hospital in austria after crashing on a course of the world championships today. the doctors say she tore the ligaments in her right knee and broke a bone in her leg and she will be out for the season. the crash happened after she lost her balance, as you saw, and she landed a jump on the super g course. >> also, lance armstrong won't be prosecuted for doping and follows his admission last month. the attorney overseeing the federal investigation is well- aware of the statements that armstrong made; however, that doesn't change his view at this time. >>> changing pace now and something to smile about for the second time of the charm city is the center of the nfl universe. the part after the ravens second super bowl title continued with a parade downtown and sports director scott smith is here with all of the partying in downtown baltimore. >> reporter: the fact it was a tuesday morning appeared to have little bearing on today's parade turnout and that is funny. t
>> we are following this developing story on u.s. olympic skier lindsay vonn. she was airlifted to a hospital in austria after crashing on a course of the world championships today. the doctors say she tore the ligaments in her right knee and broke a bone in her leg and she will be out for the season. the crash happened after she lost her balance, as you saw, and she landed a jump on the super g course. >> also, lance armstrong won't be prosecuted for doping and follows his...
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the civil charges by the u.s. attorney general, eric holder, are the first action against a credit rating firm over the crisis, but s&p said it came out with a statement yesterday and said the government suit is entirely without factual or legal merit and it also denied wrongdoing. so we're just going to have to see how this story unfolds from here, chris. >> and what is going on with gas prices? i was in california overing the weekend, a little sticker shock there. but it's certainly not just there. most expensive ever for this time of year. >> ever, ever. the current average is $3.53 a gallon. that is, of course, the average nationwide. that is up 23 cents from a month ago, and this time last year, prices were $3.48 a gallon. how much do you spend on gas? well, the average household, apparently, spent about $2,900 to fill up their tank last year participate and that is the most expensive in 30 years. it could take out 2008. it also equates to just under 4% of your income. that is, obviously, for the average hous
the civil charges by the u.s. attorney general, eric holder, are the first action against a credit rating firm over the crisis, but s&p said it came out with a statement yesterday and said the government suit is entirely without factual or legal merit and it also denied wrongdoing. so we're just going to have to see how this story unfolds from here, chris. >> and what is going on with gas prices? i was in california overing the weekend, a little sticker shock there. but it's certainly...
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the u.s. government launching a civil lawsuit against standard & poors and mcgraw-hill over mortgage ratings. this is the first federal enforcement action against a credit rating agencies over alleged behavior tied more to the crisis. we'll talk more about the story and the implications with jacob frankel as 6:30 eastern. >>> and there's more news for boeing. the company has asked the faa for permission to do test flights. this suggests boeing has found solutions that led to the grounding of the entire fleet last month. the transportation agency says it's unclear whether battery, chemistry or an electrical issue caused a main battery on a plane owned by nippon airlines last month. investigators said today they may widen their probe on other components on the aircraft. >> thank you, mr. professor. yum brands is warning it is expecting 2013 warnings to shrink as it struggled to manage a food safety scare in china. remember i made that joke about cats. we'll leave that alone. also, toyota now rai
the u.s. government launching a civil lawsuit against standard & poors and mcgraw-hill over mortgage ratings. this is the first federal enforcement action against a credit rating agencies over alleged behavior tied more to the crisis. we'll talk more about the story and the implications with jacob frankel as 6:30 eastern. >>> and there's more news for boeing. the company has asked the faa for permission to do test flights. this suggests boeing has found solutions that led to the...
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but i think the u.s. economy is much bigger, and the u.s. economy is much more relevant. >> i'm not sure actually the european equities have outperformed. i'm not totally sure about that, todd. mark, just before we let you go, do we worry about europe or basically take it off the agenda? >> no, i'm not prepared to take it off the agenda at all. i think it's been remarkably quiet on that front. but the gain was clearly last july when mario draghi said whatever it takes. recently he's said positive contagion is occurring across the euro area. we're bullish on european equities, but not taking our eye off the ball. >> guys, thank you very much for your time. martin there, and todd. >> thank you. >> let's get to shares of yum brands. shares trading sharply lower this morning. fourth-quarter earnings did beat by a penny, but man, the same-store sales in china, fastest growing market, down 6%. fresh off the conference call. a neutral lowered price target from 69 to 63. david, welcome back. >> good morning. >> you had outlined prior to the quarter
but i think the u.s. economy is much bigger, and the u.s. economy is much more relevant. >> i'm not sure actually the european equities have outperformed. i'm not totally sure about that, todd. mark, just before we let you go, do we worry about europe or basically take it off the agenda? >> no, i'm not prepared to take it off the agenda at all. i think it's been remarkably quiet on that front. but the gain was clearly last july when mario draghi said whatever it takes. recently he's...
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other world markets are mixed right now and u.s. futures actually showed gains when wall street opens later this morning. we'll have more on your business news coming up in just about an hour. we're back in a moment. we gotta sell the car. where would we even start? get the car. hi howard. get in. hi, good to see you. start with an actual written offer when selling your car, no strings attached. carmax. start here. >>> boeing is taking the next step to start work on its dreamliner jet. the company brought parts of the 787 from south carolina to japan. investigators are still trying to figure out what caused batteries on the current dreamliners to burn. >>> the government is launching a lawsuit against the standard & poor's credit rating agency for the high ratings it gave to certain mortgage securities. they later plunged in value sparking the financial crisis of 2008. it is the first time the government is taking legal action against a ratings agency. s&p is don't denying any wrongdoing. >>> the marketer behind background music in
other world markets are mixed right now and u.s. futures actually showed gains when wall street opens later this morning. we'll have more on your business news coming up in just about an hour. we're back in a moment. we gotta sell the car. where would we even start? get the car. hi howard. get in. hi, good to see you. start with an actual written offer when selling your car, no strings attached. carmax. start here. >>> boeing is taking the next step to start work on its dreamliner jet....
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the u.s. is going to sue s&p for the ratings on these loans. what's going on there? can americans get money from that? >> it's unclear. it sounds as if the u.s. does win, is successful, there would likely be some compensation or some monetary award. >> explain this quickly. they're suing s&p for giving high ratings, high marks to these companies that were on shaky ground, to say the least. >> they're suing -- they're likely going to sue, according to the story of s&p, because s&p rated certain securities and certain packages of things that these financial firms had, gave them high ratings. >> gave the federal's actual instrume instruments the high ratings. >> didn't deserve those ratings. as a result, companies either kept them on their books and they went out and tried to sell them. >> so the justice department is going to sue s&p, going to get all this money, this pot of money -- >> you're jumping two or three sets ahead. that's their hope. >> who will get the money at the end? >> from the s
the u.s. is going to sue s&p for the ratings on these loans. what's going on there? can americans get money from that? >> it's unclear. it sounds as if the u.s. does win, is successful, there would likely be some compensation or some monetary award. >> explain this quickly. they're suing s&p for giving high ratings, high marks to these companies that were on shaky ground, to say the least. >> they're suing -- they're likely going to sue, according to the story of...
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in the years following 9-11, the u.s. quietly moved terror suspects to secret prisons overseas where they were often tortured. it is a process known as extraordinary rendition. the osf data is the first wholesale public report on this top secret program and finds 54 nations either hosted c.i.a. black sites interrogated or tortured u.s. prisoners or otherwise took part in extraordinary rendition. the bush administration widely expanded the program after september 11th and it had been heavily criticized and condemned in the years since. when president obama came to office, his administration relied on diplomatic assurances that other countries were not torturing u.s. prisoners. but the osf report finds the decision offered no accountability and only helped continue the program. two more things, senators have signed on to repealing maryland's death penalty. john haskell and ronald young both democrats are supporting a bill abolishing capital punishment. democratic governor martin o'malley is backing the measure as well and t
in the years following 9-11, the u.s. quietly moved terror suspects to secret prisons overseas where they were often tortured. it is a process known as extraordinary rendition. the osf data is the first wholesale public report on this top secret program and finds 54 nations either hosted c.i.a. black sites interrogated or tortured u.s. prisoners or otherwise took part in extraordinary rendition. the bush administration widely expanded the program after september 11th and it had been heavily...
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komen's investments in early detection and treatment have helped reduce breast cancer mortality in the u.s. by 33% since 1990. help us continue serving the millions of women and men with breast cancer who still need us every day. register for the 3-day now. (woman) it's just been an amazing, amazing journey. i love these people. ♪ and it's beautiful ♪ [ telephone rings ] good evening this is flo. [laughs] yes, i'm that flo. aren't you sweet! licensed phone-ups available 24/7. call 1-800-progressive. adlib he's an older brother with a lot of younger brothers and says that's something they would do there's going to be a super bowl >>> the lights go i had, it's 28:6, just out of halftime, and bang zoom we're 28:6. the lights go out. you don't find that suspects? >> believe me. don't get me started. my dad is a big conspiracy theories. so you know, that's the last thing we need to talk about. >> i would think that maybe is that the kind of thing that john's brother jim might have been up to? [ laughter ] >> whatever it takes. you know? >>> the harbaugh brothers have a special relationship.
komen's investments in early detection and treatment have helped reduce breast cancer mortality in the u.s. by 33% since 1990. help us continue serving the millions of women and men with breast cancer who still need us every day. register for the 3-day now. (woman) it's just been an amazing, amazing journey. i love these people. ♪ and it's beautiful ♪ [ telephone rings ] good evening this is flo. [laughs] yes, i'm that flo. aren't you sweet! licensed phone-ups available 24/7. call...
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good morning, congressman. >> good morning. >> stephanie: i just looked at a headline today u.s. gun deaths since sandy hook topped 1,280. more than other countries have in an entire year. a lot of people have said -- i think the debate is different this time. do you agree? >> i do agree. i mean you have seen a lot of folks who are very strong pro gun -- i think the most prominent being perhaps senator mansion from pennsylvania saying it is different and we have to take some steps to save the lives of some kids. the challenges are still enormous, but it is different, and i think we'll have some progress in this congress. >> stephanie: it almost seems like the nra going so extreme and unreasonable, it almost is -- i think help, because as the president said yesterday you have 90% of americans and gun owners that want at the very least background checks. >> i think that's right. and even wayne lapierre was in favor of background checks several years ago, and now he is not. and the nra used to be focused on protecting the second amendment rights of individuals. and in vermont that i
good morning, congressman. >> good morning. >> stephanie: i just looked at a headline today u.s. gun deaths since sandy hook topped 1,280. more than other countries have in an entire year. a lot of people have said -- i think the debate is different this time. do you agree? >> i do agree. i mean you have seen a lot of folks who are very strong pro gun -- i think the most prominent being perhaps senator mansion from pennsylvania saying it is different and we have to take some...
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the u.s. and its allies concerned about iran's space program for obvious reasons. they say the same rocket technology could potentially be used to deliver a nuclear war head on a ballistic missile. those are your headlines right now. time to bring in laura ingraham. what do you have to say about that? do you actually believe the monkey went knew space? >> i don't know, but i'm still stuck in the mutual of omaha days. that tells how old i am. i'm thinking of what would per kins say about that? maybe that was just all staged. i don't know. >> steve: the iranians could do their space shot in the same place we staged our moon shot out at that burbank studio, according to capricorn one. >> we need to send ahmadinejab up there, not the chip. >> brian: we can't figure out about the iranians space program, but let's focus on our gun program. the president talking about the gun lobby and the nra being different from gun owners. let's listen and get to you react. >> we know, for example, from polling that universal background checks are universally supported just about by gu
the u.s. and its allies concerned about iran's space program for obvious reasons. they say the same rocket technology could potentially be used to deliver a nuclear war head on a ballistic missile. those are your headlines right now. time to bring in laura ingraham. what do you have to say about that? do you actually believe the monkey went knew space? >> i don't know, but i'm still stuck in the mutual of omaha days. that tells how old i am. i'm thinking of what would per kins say about...